Market Overview:
The global diagnostic electrophysiology devices market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in EP devices, and rising demand for minimally invasive procedures. The ECG device segment is expected to account for the largest share of the global diagnostic electrophysiology Devices market in 2018. This large share can be attributed to factors such as growing geriatric population and increasing prevalence of heart diseases. Based on application, hospitals and clinics are expected to account for the largest share of the global diagnostic electrophysiology Devices market in 2018 followed by ambulatory surgical clinics (ASCs).
Product Definition:
Diagnostic electrophysiology devices are used to diagnose heart conditions. They allow physicians to see the electrical activity of the heart and to determine if there are any abnormalities. This information helps doctors develop a treatment plan for patients with heart problems.
X-ray systems:
X-ray systems are used to detect and analyze diseases by producing images of internal body structures. The increasing prevalence of cardiovascular diseases, cancer, tuberculosis, and lung disorders among other chronic ailments has led to the growth in demand for x-ray systems.
Electrocardiogram (ECG) devices:
An electrocardiogram (ECG or EKG) is a diagnostic procedure that records the electrical activity of the heart. It is also known as cardiac monitor or heart tracing and can be used to evaluate certain conditions, such as heart muscle function, blood flow, and electric conduction. An ECG device consists of an electrode chain with several sensors attached to it which are placed on the skin overlying the chest.
Application Insights:
Based on application, the global diagnostic electrophysiology devices market is segmented into hospitals and clinics, ASCs, and others. The hospital and clinic segment dominated the market in 2017 owing to a high volume of surgeries that require diagnostic tests. Furthermore, an increase in the prevalence of chronic diseases such as heart conditions along with rising geriatric population is expected to drive demand for diagnostics electronics over the forecast period.
The ambulatory surgical clinics (ASCs) segment is anticipated to witness lucrative growth during the forecast period due to increasing number of patients suffering from various cardiac disorders requiring diagnosis by multiplexed techniques such as EKG & catheter ablation procedures performed at these centers. In addition, factors including growing awareness about early detection of cardiac disorders coupled with technological advancements are further expected to propel growth over next seven years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of diagnostic electrophysiology devices’ manufacturers and well-established healthcare facilities in this region. Moreover, increasing demand for minimally invasive procedures is also expected to drive growth during the forecast period. Asia Pacific is anticipated to witness lucrative growth over the coming years owing to rising geriatric population, improving economic conditions, and rapid technological advancements in this region.
Growth Factors:
- Increasing incidence of cardiovascular diseases: The global prevalence of cardiovascular diseases is increasing at an alarming rate. This is primarily due to the changing lifestyle and dietary habits of people across the world. According to a study by the World Health Organization, an estimated 17.5 million people died from cardiovascular diseases in 2012, accounting for 31% of all global deaths. The number is expected to reach 23 million by 2030. This will create a large pool of patients who will require diagnostic electrophysiology devices for diagnosis and treatment of their conditions.
- Technological advancements: Diagnostic electrophysiology devices are becoming increasingly sophisticated with each passing year, thanks to ongoing technological advancements in this field. Newer and more advanced devices are being developed that can provide more accurate diagnoses and help treat heart conditions more effectively. This will spur demand for these devices among healthcare providers and patients alike, leading to healthy growth prospects for the diagnostic electrophysiology devices market over the forecast period..
Scope Of The Report
Report Attributes
Report Details
Report Title
Diagnostic Electrophysiology Devices Market Research Report
By Type
X-ray systems, Electrocardiogram (ECG) devices, Diagnostic electrophysiology (EP) catheters, Electromyography (EMG) devices, Electroencephalogram (EEG) devices
By Application
Hospitals and clinics, Ambulatory surgical clinics (ASCs)
By Companies
Boston Scientific, GE Healthcare, Philips Healthcare, St Jude Medical, Atrium Medical, Beijing Demax Medical Technology, Biosense Webster, BIOTRONIK, MicroPort Scientific, Millar, Siemens Healthineers, Spacelabs Healthcare, Sterlimed, SUZUKEN, Tyche MedTech, Vimecon, Welch Allyn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Diagnostic Electrophysiology Devices Market Report Segments:
The global Diagnostic Electrophysiology Devices market is segmented on the basis of:
Types
X-ray systems, Electrocardiogram (ECG) devices, Diagnostic electrophysiology (EP) catheters, Electromyography (EMG) devices, Electroencephalogram (EEG) devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals and clinics, Ambulatory surgical clinics (ASCs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Boston Scientific
- GE Healthcare
- Philips Healthcare
- St Jude Medical
- Atrium Medical
- Beijing Demax Medical Technology
- Biosense Webster
- BIOTRONIK
- MicroPort Scientific
- Millar
- Siemens Healthineers
- Spacelabs Healthcare
- Sterlimed
- SUZUKEN
- Tyche MedTech
- Vimecon
- Welch Allyn
Highlights of The Diagnostic Electrophysiology Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- X-ray systems
- Electrocardiogram (ECG) devices
- Diagnostic electrophysiology (EP) catheters
- Electromyography (EMG) devices
- Electroencephalogram (EEG) devices
- By Application:
- Hospitals and clinics
- Ambulatory surgical clinics (ASCs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Diagnostic Electrophysiology Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Diagnostic electrophysiology devices (DEP) are medical equipment that measure the electrical activity of the heart.
Some of the key players operating in the diagnostic electrophysiology devices market are Boston Scientific, GE Healthcare, Philips Healthcare, St Jude Medical, Atrium Medical, Beijing Demax Medical Technology, Biosense Webster, BIOTRONIK, MicroPort Scientific, Millar, Siemens Healthineers, Spacelabs Healthcare, Sterlimed, SUZUKEN, Tyche MedTech, Vimecon, Welch Allyn.
The diagnostic electrophysiology devices market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Diagnostic Electrophysiology Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Diagnostic Electrophysiology Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Diagnostic Electrophysiology Devices Market - Supply Chain
4.5. Global Diagnostic Electrophysiology Devices Market Forecast
4.5.1. Diagnostic Electrophysiology Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Diagnostic Electrophysiology Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Diagnostic Electrophysiology Devices Market Absolute $ Opportunity
5. Global Diagnostic Electrophysiology Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Type
5.3.1. X-ray systems
5.3.2. Electrocardiogram (ECG) devices
5.3.3. Diagnostic electrophysiology (EP) catheters
5.3.4. Electromyography (EMG) devices
5.3.5. Electroencephalogram (EEG) devices
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Diagnostic Electrophysiology Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals and clinics
6.3.2. Ambulatory surgical clinics (ASCs)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Diagnostic Electrophysiology Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Diagnostic Electrophysiology Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Diagnostic Electrophysiology Devices Demand Share Forecast, 2019-2026
9. North America Diagnostic Electrophysiology Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals and clinics
9.4.2. Ambulatory surgical clinics (ASCs)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Type
9.7.1. X-ray systems
9.7.2. Electrocardiogram (ECG) devices
9.7.3. Diagnostic electrophysiology (EP) catheters
9.7.4. Electromyography (EMG) devices
9.7.5. Electroencephalogram (EEG) devices
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Diagnostic Electrophysiology Devices Demand Share Forecast, 2019-2026
10. Latin America Diagnostic Electrophysiology Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals and clinics
10.4.2. Ambulatory surgical clinics (ASCs)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Type
10.7.1. X-ray systems
10.7.2. Electrocardiogram (ECG) devices
10.7.3. Diagnostic electrophysiology (EP) catheters
10.7.4. Electromyography (EMG) devices
10.7.5. Electroencephalogram (EEG) devices
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Diagnostic Electrophysiology Devices Demand Share Forecast, 2019-2026
11. Europe Diagnostic Electrophysiology Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals and clinics
11.4.2. Ambulatory surgical clinics (ASCs)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Type
11.7.1. X-ray systems
11.7.2. Electrocardiogra (ECG) devices
11.7.3. Diagnostic electrophysiology (EP) catheters
11.7.4. Electromyography (EMG) devices
11.7.5. Electroencephalogram (EEG) devices
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Diagnostic Electrophysiology Devices Demand Share, 2019-2026
12. Asia Pacific Diagnostic Electrophysiology Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals and clinics
12.4.2. Ambulatory surgical clinics (ASCs)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Type
12.7.1. X-ray systems
12.7.2. Electrocardiogram (ECG) devices
12.7.3. Diagnostic electrophysiology (EP) catheters
12.7.4. Electromyography (EMG) devices
12.7.5. Electroencephalogram (EEG) devices
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Diagnostic Electrophysiology Devices Demand Share, 2019-2026
13. Middle East & Africa Diagnostic Electrophysiology Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals and clinics
13.4.2. Ambulatory surgical clinics (ASCs)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Diagnostic Electrophysiology Devices Market Size and Volume Forecast by Type
13.7.1. X-ray systems
13.7.2. Electrocardiogram (ECG) devices
13.7.3. Diagnostic electrophysiology (EP) catheters
13.7.4. Electromyography (EMG) devices
13.7.5. Electroencephalogram (EEG) devices
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Diagnostic Electrophysiology Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Diagnostic Electrophysiology Devices Market: Market Share Analysis
14.2. Diagnostic Electrophysiology Devices Distributors and Customers
14.3. Diagnostic Electrophysiology Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Boston Scientific
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE Healthcare
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Philips Healthcare
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. St Jude Medical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Atrium Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Beijing Demax Medical Technology
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Biosense Webster
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BIOTRONIK
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MicroPort Scientific
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Millar
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Siemens Healthineers
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Spacelabs Healthcare
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sterlimed
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SUZUKEN
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tyche MedTech
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Vimecon
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Welch Allyn
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
